The stock ended flat at Rs 712. Around 86,350 shares were traded on the BSE today as compared to the two-week daily average traded volumes of 98,591 shares.
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Updated at 1033 Hrs:
Dr Reddy's has gained after announcing a partnership with GSK.
The stock opened at Rs 715 and slipped into the red to Rs 705. However, it surged to a high of Rs 748, up 6% from the day's low. It is now trading up 5% at Rs 745. Around 19,886 shares have changed hands at the counter on the BSE so far.
Dr Reddy's has announced a partnership with GlaxoSmithKline (GSK) to develop and market select products across emerging markets outside India. GSK will now be able to gain access to Dr Reddy's rich and diverse portfolio and future pipeline of more than 100 branded pharmaceuticals.